Last week a number of details emerged about Microsoft’s next generation Xbox, dubbed the Xbox 720. As Microsoft was mum on details at CES, an official announcement was expected for June’s E3. However according to Cedrick Delmas, marketing director of Microsoft France, all rumours about an announcement are “premature”.

In an interview with French online magazine Lepoint.Fr, translated by VG247, Mr. Delmas said: “We’re in an industry that talks a lot, that likes to tell stories. I am not convinced things will happen this year. Xbox 360′s cycle is not at all finished.”

“The proof is that we don’t see the logic in cutting the price this year. E3 is still premature. What’s certain is that there will be nothing new in 2012.”

Mr. Delmas claimed Microsoft won’t be making any moves to counter Nintendo as they officially announce Wii U at E3, then launch the system at Christmas.

“We’re not here to counter Nintendo and they’re not here to fight the other manufacturers. Nintendo has put itself in a different cycle, they’re advancing at their own pace.”

Sony says that they will be last to announce plans for a next generation console.

Really want the PS3 & XBOX360 to be updated, I’m really interested to see how beautiful games can get on PC and consoles seem to be bottlenecking the development of amazing games, Crysis still being the most realistic looking game out their years later Crysis 2 comes out with a Console flare and it hardly looks better.